Mirum Pharmaceuticals (MIRM) Research & Development (2019 - 2026)
Mirum Pharmaceuticals (MIRM) recorded quarterly Research & Development of $97.9 million in Q1 2026, up 91.58% quarter-over-quarter from $51.1 million in Q4 2025, and up 138.55% on a YoY basis from $41.0 million in Q1 2025.
Mirum Pharmaceuticals (MIRM) Research & Development (2019 - 2026) Analysis & Trends
Mirum Pharmaceuticals' Research & Development history runs 8 years deep, the most recent figure standing at $97.9 million for Q1 2026.
- In Q1 2026, Research & Development rose 138.55% year-over-year to $97.9 million; the TTM figure through Mar 2026 stood at $238.0 million (up 59.28% YoY), while the FY2025 annual figure was $186.2 million, up 32.39% from the prior year.
- Research & Development was $97.9 million for Q1 2026 at Mirum Pharmaceuticals, up from $51.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $97.9 million in Q1 2026 to a low of $22.0 million in Q2 2023.
- Historically, Research & Development has averaged $37.0 million across 5 years, with a median of $31.7 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Research & Development plunged 36.83% in 2022, then soared 138.55% in 2026.
- A 5-year view of Research & Development shows it stood at $31.1 million in 2022, then dropped by 0.55% to $30.9 million in 2023, then soared by 42.32% to $44.0 million in 2024, then grew by 16.08% to $51.1 million in 2025, then soared by 91.58% to $97.9 million in 2026.
- The last three Research & Development figures came in at $97.9 million (Q1 2026), $51.1 million (Q4 2025), and $43.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.32 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 15.66 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 626,092.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -101.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -2.30 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 1.46 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 357,444.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 961.60 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -58.00 Mn |
| 10 | Mirum Pharmaceuticals | 6.29 Bn | 5.90 Bn | 131.08 Mn | 97.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 97.91 Mn |
| Dec 31, 2025 | 51.11 Mn |
| Sep 30, 2025 | 42.96 Mn |
| Jun 30, 2025 | 46.07 Mn |
| Mar 31, 2025 | 41.04 Mn |
| Dec 31, 2024 | 44.03 Mn |
| Sep 30, 2024 | 31.71 Mn |
| Jun 30, 2024 | 32.67 Mn |
| Mar 31, 2024 | 32.22 Mn |
| Dec 31, 2023 | 30.94 Mn |
| Sep 30, 2023 | 26.12 Mn |
| Jun 30, 2023 | 22.01 Mn |
| Mar 31, 2023 | 23.55 Mn |
| Dec 31, 2022 | 31.11 Mn |
| Sep 30, 2022 | 26.22 Mn |
| Jun 30, 2022 | 25.43 Mn |
| Mar 31, 2022 | 24.09 Mn |
| Dec 31, 2021 | 27.78 Mn |
| Sep 30, 2021 | 30.47 Mn |
| Jun 30, 2021 | 35.05 Mn |